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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1511) Sample Questions:

1. What can you control with the tolerance group? (There are three correct answers.)

A) Maximum amount per open item
B) Maximum exchange rate deviation
C) Maximum tax amount
D) Maximum permitted payment differences
E) Maximum amount per document

2. The managerial closing activities include locking the old accounting period. Determine whether this statement is true or false.
Response:

A) True
B) False

3. You execute a report based on the location and are missing an asset. What might have happened?
(There are two correct answers.)

A) The asset was partially scrapped.
B) The equipment assigned to the asset was moved.
C) The asset has been fully depreciated.
D) The asset was sold to a customer.

4. When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management?
Choose the correct answer.
Response:

A) Goods receipt
B) Creation of purchase order
C) Invoice receipt

5. Which of the following methods does the depreciation key define?
Choose the correct answers.
Response:

A) Multilevel method
B) Asset sheet valuation method
C) Base method
D) Period control method

Solutions: